S&P BSE Sensex Index
Long

Sensex structure analysis & Trade Plan: 11th September

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🔎 Market Structure (Multi-Timeframe View)

4H Chart

Price is holding above 81,200 support and trading inside an ascending channel.

The immediate resistance zone is 81,600–81,800 (supply + FVG).

EMA (blue) is sloping upwards, showing short-term bullish momentum.

1H Chart

A Break of Structure (BOS) is confirmed above 81,200 → short-term bullish bias.

Price tested 81,600 zone and pulled back slightly, but still holding structure.

Demand zone at 81,200–81,250 is crucial for bulls to defend.

15M Chart

Price tapped into supply at 81,600 and retraced into a small FVG support (81,250–81,300).

Liquidity sweeps are visible on both sides; buyers are still active but need momentum above 81,600 to push higher.

📈 Trade Plan for 11th September

Bias: Bullish (with caution at supply zones)

✅ Long Setup

Entry 1: On retest of 81,200–81,250 demand zone with bullish rejection.

Entry 2: Breakout & retest above 81,600 (supply flip to demand).

Targets:

TP1: 81,450

TP2: 81,600 (supply)

TP3: 81,750–81,800 (major resistance)

Stop Loss: Below 81,100 (to protect against liquidity grab).

❌ Short Setup (Counter-trend scalp only)

Entry: If price rejects 81,600–81,750 supply with bearish confirmation (engulfing / BOS on LTF).

Targets:

TP1: 81,300

TP2: 81,200 (demand retest)

Stop Loss: Above 81,800.

⚠️ Key Levels to Watch

Demand Zones: 81,200–81,250 / 80,800

Supply Zones: 81,600–81,800 / 82,000+

EMA Support (4H): ~81,000

📌 Summary:

As long as 81,200 holds, Sensex remains bullish with potential to retest 81,600–81,800 supply. But if 81,200 breaks, expect a deeper correction toward 80,800.

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